| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Norton Motors International, Inc. |
| 14252 23rd Avenue North, Plymouth, MN 55447 * (612) 694-9880 |
| The company is a developmental stage company that is developing, and plans to manufacture, market and sell, high performance motorcycles, each intended for a distinct segment of the motorcycle market. |
| Manager | Tier | Phone |
| Dirks & Company, Inc. | Lead Manager |
| AMEX: | NRN | Manufacturing: | SIC 3751 | |
| Type of Shares: | Common Shares | Filing Date: | 6/19/98 | |
| U.S. Shares Filed: | 3,000,000 | Filing Range: | $5.50 - $6.50 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $18,000,000 | |
| Primary Shares: | 3,000,000 | Expenses: | $500,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 8,611,094 | |
| Employees: | 10 |
| Issuer's Law Firm: | Olshan Grundman Frome & Rosenzweig |
| Bank's Law Firm: | Orrick, Herrington & Sutcliffe |
| Registrar/Transfer Agent: | Continental Stock Transfer & Trust Co |
| Auditor: | Pannell Kerr Foster PC |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 6/30/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $0.00 | $0.00 | $0.00 | Assets: | $1.80 |
| Net Income: | -$1.27 | -$2.49 | -$0.31 | Curr Assets: | $0.10 |
| EPS: | -$0.16 | -$0.27 | Liabilities: | $4.37 | |
| Prior EPS: | Curr Liab: | $4.37 | |||
| Cash Flow/Oper: | -$1.05 | -$0.33 | -$0.34 | Equity: | -$2.56 |
| Cash Flow/Fin: | $0.90 | $0.32 | $0.22 | Cash: | $0.10 |
| Cash Flow/Inv: | -$0.02 | -$0.02 | Working Cap: | -$4.27 | |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay certain indebtedness of the company, for funding research and development costs, for sales and marketing costs, for capital expenditures, for the purchase of motorcycle components and inventory for intellectual property filing costs and expenses related thereto, for working capital and for general corporate purposes. |